DOF invites comments on IRR for PPSA

By Chino S. Leyco The Department of Finance (DOF) is set to release the implementing rules and regulations (IRR) on the Personal Property Security Act (PPSA) sometime in August and stakeholders are given until today to submit comments on the same. Aside from conducting a public consultation last July 25, the DOF had also asked stakeholders and other interested parties to help review the draft IRR uploaded on the Department’s website by posting their inputs and comments online. Finance Assistant Secretary Danielle Marie Rieza Culangen said the recent public consultation on the draft IRR for the PPSA (Republic Act [RA] ... more